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By: Megan van Wyngaardt20th February 2018
The Steel and Engineering Industries Federation of Southern Africa (Seifsa) has warned that the difficulties facing the local steel industry would continue to worsen in the year ahead if the US Department of Commerce's recommendation for a tariff of at least 53% on all steel imports from 12... →

By: Megan van Wyngaardt16th February 2018
Isuzu Motors South Africa (IMSA) on Friday not only launched its standalone business at its manufacturing plant in Struandale, Port Elizabeth – apart from the General Motors brand, following the latter’s exit from South Africa last year – but also showcased its new bakkie-derived sports utility... →

By: Martin Zhuwakinyu16th February 2018
Media reportage on Egypt and Ethiopia during the past few years has emphasised the simmering tension between the two countries. The bone of contention is the Grand Ethiopia Renaissance Dam (GERD), which the Horn of Africa is building on the headwaters of the Blue Nile, one of the two major... →

9th February 2018
International technology Group ANDRITZ has received an order from CONCORD for Engineering and Contracting, Cairo, Egypt, to supply 17 vertical line shaft pumps, including a set of spare parts, for a pumping station providing the water supply to the Nubaria irrigation canal, located south of the... →

By: Megan van Wyngaardt2nd February 2018
Underground hard-rock mining contractor Barminco on Friday reported earnings before interest, taxes, depreciation, and amortisation (Ebitda) of $75.6-million for the half year ended December 31, 2017, up 12.2% from the prior year. Barminco CFO Peter Bryant said the result was a significant... →

1st February 2018
The 3rd Africa Gas Forum will be taking place on Monday, 19th February 2018 at the Sandton Convention Centre, Johannesburg, South Africa, and is affiliated to African Energy Indaba (AEI) as an official side event. With African economic growth in 2018 making a recovery after a difficult year,... →

By: Reuters29th January 2018
The leaders of Ethiopia, Egypt and Sudan on Monday set a one-month deadline for laying out the ways to break a deadlock in talks over a mega dam Addis Ababa is building along its share of the Nile, an official said. Egypt and Ethiopia are at loggerheads over the construction of the Grand... →

By: Reuters29th January 2018
Egypt plans to stop importing liquefied natural gas (LNG) by the end of the 2017/18 fiscal year ending in June as it speeds up production at recently discovered gasfields, Petroleum Minister Tarek El Molla said on Saturday. Egypt said previously that it would halt imports by the start of 2019. →

By: Nadine James26th January 2018
Russian nuclear corporation Rosatom’s African subsidiary Rosatom Africa sponsored an all expenses paid trip to Russia for winners of the yearly student competition, held for the third time last year. The students visited the Novovoronezh nuclear power plant (NPP), as well as its training... →

By: Schalk Burger25th January 2018
Global crude steel production increased by 5.3% year-on-year to 1.69-billion tonnes in 2017. Output increased in all regions except for the Commonwealth of Independent States, where production remained flat at about 102.1-million tonnes, the World Steel Association reported this week. →

By: Reuters24th January 2018
Egypt's Suez Canal revenues rose to $471.5-million in December from $462.7-million in November, official data showed on Wednesday. The Suez Canal authority said earlier this month that revenues rose to $5.3-billion in 2017 from $5-billion in 2016. →

By: African News Agency 23rd January 2018
There will be "serious winners and losers" as a result of the Fourth Industrial Revolution and South Africa needs to be properly prepared and positioned to reap the benefits, or be saddled with the negative consequences. This was according to Trade and Industry Minister Dr Rob Davies who said... →

By: Reuters22nd January 2018
Ethiopia's Prime Minister Hailemariam Desalegn has rejected a call by Egypt for World Bank arbitration in a dispute over a hydroelectric dam Addis Ababa is building along its share of the Nile. The two countries are at odds over the construction of the Grand Ethiopian Renaissance Dam, with Cairo... →

By: Reuters19th January 2018
Egyptian President Abdel Fattah al-Sisi pledged on Thursday not to let differences over a dam Ethiopia is building on the Nile river ruin relations with Addis Ababa. Ethiopia hopes the hydroelectric Grand Renaissance Dam will make it Africa's largest power exporter. →

By: Keith Campbell19th January 2018
The British government has again given the assurance that it desires a mutually beneficial and thriving trade relationship between the UK and Africa once the country has left the European Union (EU). This was affirmed by Trade Policy Minister (equivalent to Deputy Minister in South Africa) Greg... →

By: Natasha Odendaal11th January 2018
Researchers are still seeking answers to the origin of a small pebble found in south-west Egypt in 1996 after a 2013 analysis sparked “significant questions” on a widely held view about the primitive pre-solar dust cloud from which the Sun, Earth and other planets were formed. A 2013 study... →

By: Anine Kilian9th January 2018
Saudi Arabian group ACWA Power has reached financial close on three solar photovoltaic (PV) projects, in Egypt. The projects, which are located in the southern Aswan province, are being developed under Round 2 of Egypt’s Feed-in-Tariff programme and are subject to 25-year power purchase agreements. →

By: Megan van Wyngaardt20th December 2017
Ethiopia has signed an agreement to build two geothermal power plants at a combined cost of $4-billion, to be run by the country's first privately-owned utility. The Corbetti and Tulu Moye plants will produce a combined 1 000 MW of power upon completion in eight years time in the... →

By: Saliem Fakir15th December 2017
At the time of writing, it appeared nuclear would be ramped through before the African National Congress elective conference, which starts on December 16. New Energy Minister David Mahlobo says we need nuclear. There have been a lot of platitudes about jobs and industrialisation, and that nuclear... →

By: Schalk Burger15th December 2017
Delays in information and communication technology (ICT) policy implementation, as well as a lack of improvement in basic education and current, coordinated data, are reducing the potential economic contribution of the ICT sector, according to the University of the Witwatersrand-based... →

By: Mariaan Webb6th December 2017
London-listed Stratex International on Wednesday announced that it would invest another $200 000 in Thani Stratex Resources (TSR), which is exploring for gold in Africa and the Middle East.
The investment will increase Stratex’s holding in TSR from 29.8% to 30.1% and forms part of TSR’s share... →

By: Martin Zhuwakinyu24th November 2017
The past few weeks have been hectic for Zimbabwe, our northern neighbour. Matters came to a head early this month, when Emmerson Mnangagwa was sacked as President Robert Mugabe’s joint number two in both government and the ruling Zanu-PF party, ostensibly for “disloyalty, disrespect,... →

By: African News Agency 20th November 2017
Egypt and Ethiopia have reached a deadlock in further studies on the effects of the Ethiopian Grand Renaissance Dam (GERD) on downstream countries, Egyptian Al Ahram newspaper reports. This information was conveyed by Egyptian Foreign Minister Sameh Shoukry to US Secretary of State Rex Tillerson... →

By: Nadine James17th November 2017
European photovoltaic (PV) specialist Scatec Solar announced that it had secured financing of $335-million to fund its portion of the development of six 400 MW utility scale PV power plants which will be located in the Benban solar park in the City of Aswan in Egypt. The company secured funding... →

By: Mariaan Webb7th November 2017
Aim-listed Stratex International has confirmed that Marcus Engelbrecht is no longer CEO.
In an update to shareholders following the results of last week’s general meeting where shareholders passed a resolution to remove Engelbrecht from the junior miner’s board, Stratex confirmed on Monday that... →

By: Creamer Media Reporter 2nd November 2017
Egypt-focused Centamin’s earnings before interest, taxes, depreciation and amortisation (Ebitda) increased by 57% quarter-on-quarter to $103.6-million for the third quarter ended September 30. The higher Ebitda was the result of an increase in gold sales to 150 273 oz and a higher average... →

By: Natasha Odendaal1st November 2017
With exploration activity waning, global oil and gas exploration has reached an historic low, according to the latest PwC Africa oil and gas review 2017, which highlights just three new major discoveries in Africa during 2016 and the first half of 2017, compared with 11 in 2015. In 2016, there... →

By: Kim Cloete25th October 2017
US Energy Secretary Rick Perry says his government is committed to strengthening its energy partnerships with African countries, but has called for a clear and transparent regulatory environment. “There is no more important message that governing bodies can send to both the US government and the... →

By: Anine Kilian23rd October 2017
Global crude steel production for the first nine months of this year reached 1.27-billion tonnes – a 5.6% year-on-year increase. The World Steel Association (worldsteel) on Monday reported that Asia had produced 876.3-million tonnes of crude steel in the first nine months of this year, an... →

By: News24Wire 23rd October 2017
Water ministers from Egypt, Sudan and Ethiopia have gathered last week to discuss how Africa's largest hydroelectric dam will affect water distribution and access to the Nile. The Grand Ethiopian Renaissance Dam (GERD) is 60% complete and has yet to go into operation. The $4.8-billion megaproject... →

20th October 2017
UK-based hydraulic tools designer, manufacturer and supplier Hi-Force has opened a new office in the Khalidia area of Dammam, Saudi Arabia. According to a statement released by Hi-Force last month, the new facility will stock a range of Hi-Force products that provides the market with the fastest... →